Drivers of trade market behavior effect on renewable energy consumption: a study of MINT (Mexico, Indonesia, Nigeria, and Turkey) economies

Discover Sustainability, Journal Year: 2025, Volume and Issue: 6(1)

Published: Feb. 25, 2025

Language: Английский

Magnetic Macro Drivers of Trade Openness: A Study of BRICS Economies

South Asian Journal of Macroeconomics and Public Finance, Journal Year: 2024, Volume and Issue: 13(2), P. 273 - 297

Published: Nov. 11, 2024

The major goal of this study endeavour is to thoroughly evaluate the impact macro factors on trade openness (TOP). was conducted through examination numerous conceptions, with a specifically emphasis examining these patterns within economies BRICS nations (Russia, India, China and South Africa) from 1995 2020. Stepwise regression for selecting models, Pedroni, Johnson, Granger causality advance panel are some techniques used including FMOLS, Panel OLS FEM. study’s outcomes reveal presence both long-term short-term associations between TOP (a) total investment, (b) human capital, (c) reserves, (d) balance (e) exchange rate. authors found one-way two-way causal association five factors. Additionally, emerges as most significant factor impacting TOP. Notably, rate does not exhibit economic importance. JEL Classification: F14, F15, F17

Language: Английский

Magnetic macro drivers of labor efficiency: a study of high and low trade open economies

International Journal of Manpower, Journal Year: 2024, Volume and Issue: unknown

Published: Dec. 7, 2024

Purpose This research aims to systematically compare the impact of macro drivers on labor efficiency (LEFF) in high and low trade openness economies, employing Solow model as theoretical framework. Design/methodology/approach study examines influence LEFF from 1995 2020, advanced panel regression methods such stepwise (SR), fully modified ordinary least squares (FMOLS) OLS. It utilizes Pedroni Johansen co-integration tests assess long-term dynamics Granger causality explore causal relationships between LEFF. Findings The results reveal both short-term drivers: gross capital formation (GCF), per capita income (PCI), foreign direct investment (FDI), (TOP) national savings (GNS). findings show that these positively significantly TOP economies. Specifically, FDI, PCI GNS have a more substantial positive while GCF greater Furthermore, exhibit unidirectional relationship with LEFF, bidirectional relationship. In all five macrodrivers Research limitations/implications focuses countries TOP, limiting generalizability its other economic systems due unique trade, institutional governance frameworks two distinct groups. Originality/value To best authors’ knowledge, this is first across groups differentiated by their degrees (high low).

Language: Английский